Card Image
FIRST Ashva
Annual Fee
₹499
Rewards/₹100 ⓘ
₹0.20
Normalized to balance base rate with bonus categories
Interest Rate
9.00%
Credit Score
680+
At a Glance
Key Benefits
1X rewards on all spends, lowest 9% APR, fuel surcharge waiver
Lounge Access
Not available
Eligibility
Salaried: Rs.20,000+/month, Age: 21-60, CIBIL: 680+
Quick Details
Annual Fee
₹499
#75
Joining Fee
₹499
#78
Interest Rate
9.00% p.a.
#3
Forex Markup
3.50%
#75
Rewards/₹100
₹0.20
#291
Reward Type Reward Points
Reward Currency Points
Min Credit Score
680+
#38
Min Monthly Income ₹20
Network VISA
Cash Advance Fee 2.50% (min ₹500)
Late Payment Fee ₹500
Fee Waiver on Spend ₹50,000/yr
Reward Structure
Base
All Spends
₹0.20 /₹100
Reward Calculator
₹
Allocate by Category 100%
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:
Quick Analysis
The IDFC First Bank FIRST Ashva is a solid credit card option. With an annual fee of ₹499, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Low annual fee of just ₹499
- Annual fee waiver on spending ₹50000
- Extended interest-free period of 50 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
Frequently Asked Questions
What is IDFC FIRST Ashva Credit Card?
IDFC FIRST Ashva is an entry-level credit card designed for first-time credit card users, offering simple rewards and low interest rates.
What are the reward points on IDFC FIRST Ashva?
You earn 2 reward points per Rs 100 spent on all purchases with no category restrictions.
What is the annual fee for IDFC FIRST Ashva?
The card has a nominal annual fee of Rs 199, often waived for the first year or with minimal spending requirements.
What is the interest rate on IDFC FIRST Ashva?
The card offers competitive interest rates from 9.99% per annum, among the lowest in the entry-level segment.
Is there a fuel surcharge waiver on IDFC FIRST Ashva?
Yes, you get 1% fuel surcharge waiver on fuel transactions between Rs 400 and Rs 5000.
User Reviews
Ready to Apply for FIRST Ashva?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.